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Archive - 2/20/2026 - Sign In to see current Signals. |
Waste Management, Inc. (WM) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Waste Management, Inc. (WM). During the week, the WM dropped -4.21 points, or -1.80%, and closed at 230.31 on Friday, February 20, 2026. Weekly volume was 30% above average. WM is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WM long-term trend chart] A long-term uptrend had started on March 25, 2020 at 85.34 and reached 242.58 on June 3, 2025. WM gained -157.24 points, or -184.25%, in 270 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 221.78 and resistance is at 258.65. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See WM medium-term trend chart] A medium-term downtrend had started on June 3, 2025 at 242.58 and reached 194.11 on November 3, 2025. WM lost 48.47 points, or 19.98%, in 21 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (232.21). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See WM weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since December 12, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See WM short-term trend chart] A short-term uptrend had started on November 3, 2025 at 194.11 and reached 238.56 on February 17, 2026. WM gained -44.45 points, or -22.90%, in 106 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (227.01) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See WM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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